Economy

(Excerpts) Economic Research Federal Reserve Bank of St. Louis May 5, 2017 by James D. Eubanks and David Wiczer Very small establishments, a term used here to mean establishments with no more than five employees. In the Great Recession, very small establishments exited (i.e. went out of business) at a…

May 4, 2017 COLUMBIA, S.C. — The South Carolina Office of Small and Minority Business Contracting and Certification (SMBCC) and the Division of Procurement Services of the South Carolina Fiscal Accountability Authority invite owners of small and minority businesses to the Annual Small and Minority Business Contracting and Certification Forum.…

Nine members of the Business Alliance for Protecting the Atlantic Coast met with 22 Congressional offices on March 30th and 31st. Our Hill Day volunteers came from Maine to Florida and represented the hospitality, fishing, investment and general business community (see below for a list of BAPAC participants). The elected…

This week South Carolina got a new governor, Henry McMaster. Here is a link to his video message. Watch the Video Now The video makes it clear that one of Governor McMaster’s priorities is to protect our state’s “amazing natural resources”. His love of our vibrant and healthy coast is…

If our General Assembly takes action soon, South Carolina small businesses will have healthier workers and more money flowing in their local communities creating consumer demand. If they don’t act soon, billions of federal dollars will be lost. Read yesterday’s opinion editorial here. It is a clarion call for South…

The State, January 23, 2017 Florence Morning News, January 26, 2017 Lexington County Chronicle, February 2, 2017 FRANK KNAPP JR. Guest Columnist GOP governors were in Washington last week to advocate for the protection of the extra federal funds their states have been receiving because they have expanded Medicaid under…

Charleston Post and Courier January 6, 2017 By Lauren Sausser South Carolina will lose nearly 30,000 public and private sector jobs and more than $1 billion in revenue and taxes over several years if Congress repeals the Affordable Care Act, a new study estimates. The report predicts one-third of those…

Statehouse Report December 16, 2016 Staff reports South Carolina’s healthy economy might have leveled off a bit in 2016, but the next year will offer steady economic gains, according to economists. “South Carolina’s economy is growing at a healthy pace,” University of South Carolina research economist Joseph Von Nessen said…

Statehouse Report December 2, 2016 By Lindsay Street More people found more jobs in October as the state’s jobless rate fell to its lowest level in 15 years, but don’t expect unfilled positions and the resulting higher wages just yet. The state is still grappling with a disconnect between employer…

Bankrate November 14, 2016 By Jill Cornfield Lisa Hall has mixed feelings about Donald Trump’s victory in the presidential election. The New York restaurant owner does not agree with all of his politics, but she feels squeezed by some burdens on her business and is optimistic Trump will help her…